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20110701
20110731
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WHUT (Howard University Television) 3
KCSM (PBS) 2
KRCB (PBS) 2
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
will wreck the climate and we will wreck the oceans. >>reporter: and big brand bikes mean business in india, as demand for luxury two wheelers revs up >>i walked into the mall and they had this showroom, i saw the bikes and i knew i had to get one. >>reporter: hello and welcome. i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. three decades of urbanization and economic reforms have lifted hundreds of millions of chinese out of poverty. the big concern now is how to keep feeding them. changing diet, increasing demand and tightening supply threaten the country's food security. it's a delicate balancing act and one that has implications for commodity markets worldwide. >>reporter: dragon spring village, in the hills above chongqing - where li xingming's family has worked the fields since the 19th century. >>before, our village never planted vegetables, only rice. now, we grow vegetables and we grow less rice, we just grow what we need. >>reporter: this growing and changing demand is coming from china's ever expanding cities -
our growth could reach 20 percent. >>reporter: one of pengshui's big ideas is to build a new city centre on this farmland, a 20 minute drive away. in a couple of years' time, the billion dollar project will be linked to the old districts via a tunnel through the mountain. investors are supposed to provide 23 percent of the cash, the banks 60 percent with the balance coming from central, regional and local governments. >>those facing relocation don't really care if this is a rash development or if it makes sound economic sense - so long as their pay-off is worth it. >>us farmers can benefit from the development and construction. but if the government goes ahead with the project and we're worse off, who will agree? >>reporter: the trouble is, as the people's bank of china knows only too well, the real value of compensation risks being diluted by inflation - which, despite three interest rate hikes over four months, accelerated in january to 4.9 percent year-on-year >>the spur was a four trillion dollar stimulus package - which cushioned china's export-reliant economy from the global
backwaters across the country, it has big plans for the next five years as it seeks to boost incomes by at least 14 percent annually. >>the most meaningful economic decisions are made far away from beijing, in places like here - pengshui - over 1500 km south west of the capital. few if any here are interested in cooling economic growth or slashing investment plans as this is the only model they know that can provide jobs, spread more money around and, it's hoped, keep the people content. >>reporter: and in this belief, the local authority plans to plough some 2 billion us dollars every year into investment in buildings and infrastructure. >>the pace of our development is very fast - but we are very poor, we are backward, we are under developed, we're coming from a very low starting point. that's why, in our new five year plan our growth could reach 20 percent. >>reporter: one of pengshui's big ideas is to build a new city centre on this farmland, a 20 minute drive away. in a couple of years' time, the billion dollar project will be linked to the old districts via a tunnel through the
Search Results 0 to 6 of about 7 (some duplicates have been removed)